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Trump hammers Fed after confusion over rate cut predictions




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                  President Donald Trump has been fixed in recent months on the Federal Reserve's move | Carolyn Kaster / AP Photo </p>
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<p>  President Donald Trump on Friday Picked up their attacks on the Federal Reserve, which owed the central bank for a decline in economic growth. </p>
<p>  Trump went after New York Fed President John Williams, who in a speech the day before had seemed to suggest that the Fed needs to cut interest rates at the first sign of a slowdown. </p><div><script async src=

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Williams & # 39; comments, which many took as a sign, the Fed will reduce rates later this month, sent markets move before a spokesman managed to Williams & # 39; vision is based on "research" and is not about potential political action at the forthcoming FOMC [Federal Open Market Committee] meeting. "

Trump weighed, tweeting," I like the New York Fed President John Williams first sentence much better than his others. first statement is 100 % correct by Fed up too fast and too early. "

The president has been fixed on Fed's move for months, and even outlines criticism from chairman Jerome Powell for a series of interest rate increases and not to move to cut prices before. On Friday, he criticized" crazy quantitative tightening "as coming from the central bank, claiming that the financial success his administration has seen is in spite of fiscal policy.

"We are in a world competition and win big," he said, "but there is no thanks to the Federal Reserve. Had they not acted so fast and so much, we would do even better than we do right now. This is our chance to build unsurpassed prosperity and success for the US, GROWTH, which would greatly reduce% debt. Don't blow it! "

In a previous tweet, he whacked the" wrong thought process we have to go for us "at the Fed. Because of that, he argued:" We pay much higher interest rates than countries that are not financially matching for us. In other words, our interest rates are much higher than other countries when they are lower. Correct! "

Trump has argued that Powell's policy action has hampered the growth when his administration is tackling a number of trade wars and a growing deficit, and he has often pointed to the lukewarm monetary policy of central banks in countries like China and maintained that the United States is not on


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